Tagged: stride bank

Investors Like that Chime Acquired a Chartered Bank

Investors are cheering the announcement that Chime, a neobank, has anounced the acquisition of its partner bank, Stride. Chime Financial (NASDAQ: CHYM) agreed to purchase longtime partner Stride Bank in an all-cash transaction valued at $590 million. At the time of writing, Chime shares have moved… Read More

Consumer Fintech Chime to Acquire Stride Bank

Chime Financial (NASDAQ: CHYM) has agreed to purchase longtime partner Stride Bank in an all-cash transaction valued at $590 million, a move that would give the fintech its own nationally chartered bank and a more direct path to owning the infrastructure behind its accounts. The… Read More

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